Question

Sasha, a wealthy industrialist, owns several coffee plantations in Brazil. Encouraged by the rising sales figures in the domestic market, Sasha decides to sell her local brand of coffee in markets around the world. Which of the following terms is applicable to this business strategy?
a) Importing
b) Insourcing
c) Franchising
d) Exporting
e) Licensing

Answer 1

Answer:

d. Exporting

Explanation:

Exporting -

It refers to the practice of selling the goods or services produced by the country to any other country in the world is referred to as exporting .

The practice of exporting is exactly opposite of the process of importing .

The country selling the goods are referred to as the exporter and the country buying the goods or services are referred to as the importer .

Exporting is one of the very oldest method of transferring goods and services on a very large scale .

Hence , from the given scenario of the question ,

The correct option is d. Exporting .